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Investment Highlights

  • 97% Leased
  • .75 acres accessed $4,549,100
  • NOI : $183,613
  • Close proximity to new 280 to be built apartments

Executive Summary

24,361 SF Retail/Office building for sale in downtown Toms River. Close proximity to new 280 unit apartment complex. 97% leased with upside potential. 2 onsite parking lots which is very rare for downtown area. Included in the expenses is $17,050 for management which can be eliminated if you manage it yourself. 4 units vacant that once rented will add $32,100 to the NOI.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
24,361 SF
Building Class
B
Year Built/Renovated
1953/2012
Price
$4,245,300 CAD
Price Per SF
$174.27 CAD
Percent Leased
94%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
12,000 SF
Slab To Slab
12’
Building FAR
1.12
Lot Size
0.50 AC
Zoning
VB - Commercial
Parking
20 Spaces (0.83 Spaces per 1,000 SF Leased)

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Fl-Ste B
  • 235 SF
  • Office
  • Partial Build-Out
  • Now

One room micro office, approximately 235 sf. Asking $550/month includes utilities. Tenant to provide internet.

  • 1st Fl-Ste C
  • 180 SF
  • Office
  • Partial Build-Out
  • Now

One room micro office approximately 180 SF. Asking $495/month. Includes utilities. Tenant supplies internet.

  • 1st Fl-Ste J
  • 134 SF
  • Office
  • Partial Build-Out
  • Now

One room micro office approximately 134 SF. Asking $250/month. Includes utilities. Tenant supplies internet.

  • 1st Fl-Ste T
  • 650 SF
  • Office
  • Full Build-Out
  • Now

Professional office space for lease. 2 private offices with small waiting/reception area. Asking $1,200/month. Includes utilities. Tenant supplies

Space Size Space Use Build-Out Available
1st Fl-Ste B 235 SF Office Partial Build-Out Now
1st Fl-Ste C 180 SF Office Partial Build-Out Now
1st Fl-Ste J 134 SF Office Partial Build-Out Now
1st Fl-Ste T 650 SF Office Full Build-Out Now

1st Fl-Ste B

Size
235 SF
Space Use
Office
Build-Out
Partial Build-Out
Available
Now

1st Fl-Ste C

Size
180 SF
Space Use
Office
Build-Out
Partial Build-Out
Available
Now

1st Fl-Ste J

Size
134 SF
Space Use
Office
Build-Out
Partial Build-Out
Available
Now

1st Fl-Ste T

Size
650 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

1st Fl-Ste B

Size 235 SF
Space Use Office
Build-Out Partial Build-Out
Available Now

One room micro office, approximately 235 sf. Asking $550/month includes utilities. Tenant to provide internet.

1st Fl-Ste C

Size 180 SF
Space Use Office
Build-Out Partial Build-Out
Available Now

One room micro office approximately 180 SF. Asking $495/month. Includes utilities. Tenant supplies internet.

1st Fl-Ste J

Size 134 SF
Space Use Office
Build-Out Partial Build-Out
Available Now

One room micro office approximately 134 SF. Asking $250/month. Includes utilities. Tenant supplies internet.

1st Fl-Ste T

Size 650 SF
Space Use Office
Build-Out Full Build-Out
Available Now

Professional office space for lease. 2 private offices with small waiting/reception area. Asking $1,200/month. Includes utilities. Tenant supplies

Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
08-00658-01-00035
Land Assessment
$1,016,324 CAD
Improvements Assessment
$1,887,460 CAD
Total Assessment
$2,903,784 CAD
  • Listing ID: 31715170

  • Date on Market: 2024-05-06

  • Last Updated:

  • Address: 26 Main St, Toms River, NJ 08753

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